The following units of an inventory item were available for sale during the year: Beginning inventory 10 units at $50 First purchase 18 units at $55 Second purchase 23 units at $58 Third purchase 14 units at $62 The firm uses the periodic inventory system. During the year, 44 units of the item were sold. The value of ending inventory using FIFO is Oa. $1,019 Ob. $2,264 Oc. $1,774 Od. $1,274